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Dec 26, 2012
12/12
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the wisdom tree japan hedge currency etf. the problem with buying a traditional japanese equity etf is, you are inherently long the yen, which we all know is going to be driven down. dxj gives you that good upside exposure but shorts out the yen exposure. you get the best of both words. definitely a solid pick for next year. >> and your other four picks for 2013, they have to do with the merging markets. that seems to be the hot trend right now. let's talk about the one that tracks debt. >> i think this is a no brainer. you get better balance sheets, better growth and a significantly higher yield. i mean significantly. if you look at a u.s. government bond etf yielding less than 1%, this emerging market local current sill etf is yielding 5%. i think this is a trade, probably not just for next year, but for the next ten years. >> right, you've got the iemg, the equity side of the emerging market story. you also have a china etf and most people when they talk about that, talk about fxi, but that's not the one you're talking abo
the wisdom tree japan hedge currency etf. the problem with buying a traditional japanese equity etf is, you are inherently long the yen, which we all know is going to be driven down. dxj gives you that good upside exposure but shorts out the yen exposure. you get the best of both words. definitely a solid pick for next year. >> and your other four picks for 2013, they have to do with the merging markets. that seems to be the hot trend right now. let's talk about the one that tracks debt....
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Dec 12, 2012
12/12
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the bank of japan's charter allows it to go out and buy stocks. the fed can buy treasuries and mortgage-backed securities. that's the ground that it's playing in. and, you know, as far as whether they're going to change traacti, i think the answer is absolutely not. the other really important message that came out of the fed today was that they're going full steam ahead on this strategy that they've been laying out all year. one thing they're doing here, there's all kinds of uncertainty about fiscal policy, about europe. the one thing we can be certain about is that ben bernanke is keeping his foot on the pedal right now. >> yeah, and john, when you compare what economists have forecasted when it comes to unemployment and what the fed is essentially forecasting. if you look at the officials and where they stand, 13 of the 19 officials say there won't be an increase likely until 2015, which would imply that the unemployment rate would remain above 6.5% for that amount of time. does that measure up with what wall street is forecasting? >> well, it m
the bank of japan's charter allows it to go out and buy stocks. the fed can buy treasuries and mortgage-backed securities. that's the ground that it's playing in. and, you know, as far as whether they're going to change traacti, i think the answer is absolutely not. the other really important message that came out of the fed today was that they're going full steam ahead on this strategy that they've been laying out all year. one thing they're doing here, there's all kinds of uncertainty about...
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Dec 3, 2012
12/12
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tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-877-561-5445 t
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show...
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Dec 6, 2012
12/12
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very heavy infrastructure and a big bet on that differential on natural gas between here, the uk, and japan staying low for a very, very long time. >> you think prices are going to remain low at least for now simply because it takes so long? it's the bureaucratic process, the time it takes to build the terminal. but once they're all in full gear, then what? >> i'm a big fan of the sequester and the rig counts dropping, building a floor here in natural gas. i think we've seen it through 2012, you're going to continue to see it through 2013. this is one more piece of the puzzle that builds a floor under there. i know it's a long-term kind of build of a floor that's going on, but you've seen the lows of natural gas for the rest of your lifetime. >> firming up pricing eventually down the road. we've seen this year and last year so many plants converted from coal to natural gas. with more and more plants using that. i guess, which back in the meantime, it's going to take so long. but let's say they stay. will americans -- could americans see higher, you know, energy bills? >> oh, yeah, no doubt
very heavy infrastructure and a big bet on that differential on natural gas between here, the uk, and japan staying low for a very, very long time. >> you think prices are going to remain low at least for now simply because it takes so long? it's the bureaucratic process, the time it takes to build the terminal. but once they're all in full gear, then what? >> i'm a big fan of the sequester and the rig counts dropping, building a floor here in natural gas. i think we've seen it...
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Dec 27, 2012
12/12
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a couple of days ago, the bank of japan released november policy meeting minutes which they came around, said, they need to ease more to impact the yen. overnight, the new prime minister, abe, said he was going to put a plan together, including currency intervention to specifically weaken the yen. i'm waiting for a bit of a pull back. we're trading at 86 the figure right now in dollar yen. i still want to be long dollar yen. i want to enter at $85.60 area, $85.50 area, a little bit of a pull back. i target $87.50 on the upside and input a stop down at $84.70 area, which has resistance there. >> what's your feeling about hitting $90 by the time the boj meeting in a couple of weeks? >> i would be a very, very fast move. i mean, we have to consider the other side of the dollar yen trade, which is the dollar, so, it really depends on what happens, you know, with the fiscal cliff, as well. whether, if we don't fall off the fiscal cliff, that are propel more dollar yen upside and if we do, i think yen will strengthen at least against the dollars because both are considered safe haven currenci
a couple of days ago, the bank of japan released november policy meeting minutes which they came around, said, they need to ease more to impact the yen. overnight, the new prime minister, abe, said he was going to put a plan together, including currency intervention to specifically weaken the yen. i'm waiting for a bit of a pull back. we're trading at 86 the figure right now in dollar yen. i still want to be long dollar yen. i want to enter at $85.60 area, $85.50 area, a little bit of a pull...
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Dec 26, 2012
12/12
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it comes as japan's new prime minister abbe begins his term. they're recommending a position in the yen for some time. paul richards of ubs. paul, nice to see you again. welcome back. >> thanks, scott. how are you doing? >> well, thanks. this call has been well for you because you nailed it where does it go from here? >> i think it's strategic and it's technical from here. strategically i like a weak yen. you now have abbe all over the b.o.j. and you have the governor, his term is coming up at the end of november. things are changing for b.o.j. a january 22 meeting, their inflation target will be raised from 1% which they're not even reaching up to 2%. however, i think the markets really, really short the yen right now. you have the timing issue of another four weeks until the b.o.j. meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>
it comes as japan's new prime minister abbe begins his term. they're recommending a position in the yen for some time. paul richards of ubs. paul, nice to see you again. welcome back. >> thanks, scott. how are you doing? >> well, thanks. this call has been well for you because you nailed it where does it go from here? >> i think it's strategic and it's technical from here. strategically i like a weak yen. you now have abbe all over the b.o.j. and you have the governor, his...
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Dec 4, 2012
12/12
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japan to a buy. it is a buy here and can break into the low 20s. >> a good day for a stock that hasn't done much of late. opened lows not seen since september of 2009. you're getting the 3% rally today but otherwise ugly. >> yeah. it's kind of interesting what's going on. we've had consistently good chinese data coming out, and that -- >> which you're a big believer of. >> well, that generally drives the move in the stocks, but we haven't seen that. so, to me, the chinese news that's coming out, i don't believe all the numbers and, number two, they're still producing too much steel, cutting back on capacity or should be. that's bad for iron ore. if you look at the coal inventories, they continue to build up which means that there's less being bought as well. so i'm no longer short the iron ore names because i took long exposure off. i took short exposure off as well. i'm not buying into it. at some point they will bounce but they're still not cheap because fundamentals continue to decline. to me this
japan to a buy. it is a buy here and can break into the low 20s. >> a good day for a stock that hasn't done much of late. opened lows not seen since september of 2009. you're getting the 3% rally today but otherwise ugly. >> yeah. it's kind of interesting what's going on. we've had consistently good chinese data coming out, and that -- >> which you're a big believer of. >> well, that generally drives the move in the stocks, but we haven't seen that. so, to me, the...
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Dec 27, 2012
12/12
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when you look at money printing going on in japan and the fiscal cliff here and debt ceiling limit and relatively weak dollar, gold should have a lot more shine to it. >> not like the possibility of going over the cliff is something new. if gold is getting a bit on cliff fears, why has it sold off in the last month? what's taken so long? >> funny you mention that, they read the headline, harry reid says, looks like we're going over the cliff, i don't think anybody thinks about that. but everybody hits the sell button because they think everybody's going to. there's plenty of reason to buy gold but whatever gold is dealing with on the negative side it is not done dealing with. i don't think it's a good time. we're going over the fiscal cliff but shortly there after, gold is going. long term i want gold but short term not so much. >> now you know what these guys think. what about you? if we do go over the cliff, would gold go higher or lower. tell us. sean egan tells us if going over the cliff would mean a slash in the credit rating and ralph acampora, two shows, 1:00 p.m. >> we'll catch
when you look at money printing going on in japan and the fiscal cliff here and debt ceiling limit and relatively weak dollar, gold should have a lot more shine to it. >> not like the possibility of going over the cliff is something new. if gold is getting a bit on cliff fears, why has it sold off in the last month? what's taken so long? >> funny you mention that, they read the headline, harry reid says, looks like we're going over the cliff, i don't think anybody thinks about that....
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Dec 31, 2012
12/12
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china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your outlook for gold? your outlook is that gold is going to move higher in 2013, and i would assume that's because you know the fed will be in the house. >> we think gold will move higher as will commodities. it is hard to say exactly how much. gold to my way of thinking is a function of real interest rates to the extend real interest rates continue low and even come lower than gold can catch a bid, but ultimately it's an asset that depends on inflation to the extent that the fed and other central banks can replate the economy. then gold will do better, but a 10% to 20% inflation of gold is somet
china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your...
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Dec 3, 2012
12/12
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i point out one thing though, on this weakness, if you believe japan in 2013 is going to be the sleeper equities market that some do, then you want to own tiffany. >> delta, simon? >> singapore airlines in their talk to sell virgin atlantic to delta. richard branson, don't do it. we'll be buying peanuts again in six months. >> southwestern energy getting a pop. >> stephanie brought this to my attention earlier. there is some chatter out there this could be a potential acquisition candidate. obviously, never a great thing to chase or a reason to buy a stock but maybe a good reason to do some research. it's about a $12 billion company can. little bit of chatter, little bit of a pop today. something worth keeping on your radar if you like energy stocks. >> and how about unicorns? they're getting a pop today. hold on. north korea says it's found a union core. the state run news agency says that kim jong-il shot is 11 holes in one in a single game of golf says the dwelling was once inhabited by the mythical creatures. the global community says it's just a dog and pony show. north koreans mai
i point out one thing though, on this weakness, if you believe japan in 2013 is going to be the sleeper equities market that some do, then you want to own tiffany. >> delta, simon? >> singapore airlines in their talk to sell virgin atlantic to delta. richard branson, don't do it. we'll be buying peanuts again in six months. >> southwestern energy getting a pop. >> stephanie brought this to my attention earlier. there is some chatter out there this could be a potential...